Progressive Corp DEF 14A: Executive Compensation Details
Ticker: PGR · Form: DEF 14A · Filed: Mar 24, 2025 · CIK: 80661
Sentiment: neutral
Topics: proxy-statement, executive-compensation, governance
TL;DR
Progressive's DEF 14A is out, showing exec comp details & equity awards for 2024. Shareholders vote soon.
AI Summary
Progressive Corp/OH/ filed its DEF 14A on March 24, 2025, detailing executive compensation and annual meeting information for the fiscal year ending December 31, 2024. The filing includes data on equity awards granted to executive officers, with specific figures for vested and unvested members across several fiscal years, including 2024, 2023, 2022, 2021, and 2020.
Why It Matters
This filing provides transparency into how Progressive Corp compensates its top executives, which can influence investor decisions and perceptions of company governance.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that primarily discloses executive compensation and governance information, not typically indicative of immediate financial risk.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for compensation data)
- 20250324 — Filing Date (Date the DEF 14A was submitted to the SEC)
- 20250509 — Report Date (Period the report is as of)
Key Players & Entities
- PROGRESSIVE CORP/OH/ (company) — Filer
- 0000080661 (company) — Central Index Key
- 300 NORTH COMMONS BLVD. (address) — Business and Mail Address
- MAYFIELD VILLAGE (location) — City for Business and Mail Address
- OH (location) — State of Incorporation and Address
- 4404615000 (phone_number) — Business Phone
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
What specific types of compensation data are detailed in this filing for Progressive Corp?
The filing details equity awards granted during the year, distinguishing between vested and unvested members for executive compensation across multiple fiscal years (2020-2024).
When is Progressive Corp's fiscal year end?
Progressive Corp's fiscal year ends on December 31st.
What is Progressive Corp's SIC code?
Progressive Corp's Standard Industrial Classification (SIC) code is 6331, which corresponds to Fire, Marine & Casualty Insurance.
What is the filing date of this DEF 14A?
This DEF 14A filing was made on March 24, 2025.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 24, 2025 regarding PROGRESSIVE CORP/OH/ (PGR).